Don't miss the great buy opportunity in EOSUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (3.4010). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. EOSUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 4.1910
TP2= @ 5.8115
TP3= @ 8.6365
SL= Break below S2
Eosanalysis
EOSSUD formed bullish Cypher | Upto 22% potential planPriceline of EOS / US Dollar cryptocurrency has formed a bullish Cypher pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 2.7706 to 2.6080
Sell between: 2.8991 to 3.2069
Regards,
Atif Akbar (moon333)
EOSBTC formed bullish Gartley | Upto 20% potential trade planPriceline of EOS / Bictoin cryptocurrency has formed a bullish Gartley pattern and entered in potential reversal zone.
This PRZ area should be used as stop loss in case of complete candle stick closes below this zone.
I have used Fibonacci sequence to set the targets:
Buy between: 0.0003458 to 0.0003274
Sell between: 0.0003603 to 0.0003950
Regards,
Atif Akbar (moon333)
EOS Technical Analysis: Bulls Forge aheadEOS price analysis for today is presented on the 1 hour timeframe. The week of April 30, 2018 saw price establish a bearish trend that possibly has terminated at 1.5500.
This is due to the onset of bullish momentum from the above mentioned price level to a price high of 3.2081 on December 24, 2018. Price closing below 1.5500 implies resumption of bearish trend, while a bullish trendline used to highlight the current trend in EOS.
Support is anticipated at the trendline, while lower regions of support on the chart are between 2.5324 and 2.3123, as well as 1.9335 and 1.7771.
Price closing above 3.2081 is the most conservative way to establish long (buy) positions.
EOS movements are painfulUnfortunately, there is some place for going down and EOS is showing this to us again, not happily surprise us on the first day of winter.
Promising strengthening of the positions is over.
EOS/USD is down nearly one percent on day at $2.868 and in less than 1 percent range for the day.
Moreover, some rumors going around about the idea of creating a new ‘hypothetical’ currency crypto token from Block.one CTO Dan Larimer exiting EOS. Of course, nothing has been officially confirmed and EOS’ price action is yet to reflect any noticeable reaction to the news, however it is having its small input on this price range.
For now the asset has returned to a long-standing key support area between the 71,000 and 67,000 Sats levels .This was followed by the tow days heavy sell-offs that pummelled EOS’ price by -20%.
Next key support on the downside stands at $2.68, while resistance stands at $3.00 and $3.40.
Do not wanna give bad predictions on EOS ..and I will notHello to every crypto enthusiast over there!
I am sorry to say but at the moment of writing (28th Nov) it's hard to say that there is anything exact to state about EOS situation.
As on 27th of Nov , EOS/USD has dropped 9% and current range block points to a catastrophe...so it was quite an issue with one of leading crypto among all.
BUT EOS Climbs 11% In Rally!!!!!
It was trading at $3.3165 by 13:08 (18:08 GMT) on the Investing.com Index on Wednesday, and in general up 10.63% on the day.
So it was the largest growth in percentage since August 17.
The price, which is went up, managed to lead market cap to $2.9738B, or 2.15% of the total cryptocurrency market cap. Of course, at its highest, EOS's market cap was $17.5290B. But considering overall situaition at the crypto market now, these are quite good indicators.
So to sum up, we can expect that on Thursday EOS will be trading in the range of $3.56 to even $4, considering the positive late news and overall trend for it.
EOS current movementsEOS is not going well lately and it could be said that some movements do not create positive attitude towards EOS
On tuesday, EOS was trading at $3.0396 by 05:12 (10:12 GMT) on the Investing.com Index on Tuesday, went down 10.65% on the day, which was the biggest percentage lost since November 19.
Of course, it leaded to the down in market cap down to $2.7850B, or 2.29% of the total cryptocurrency market cap. In comparison with the highest EOS's market cap : $17.5290B.
EOS had traded in a range of $3.0396 to $3.2581 in the previous twenty-four hours. And as the situation a bit calmed down, I would say there will be no dramatic change in the price range during next 24 hours
At its current price, EOS is still down 86.77% from its all-time high of $22.98 set on April 29.
Some hope for EOS today!Hello to every crypto enthusiast over there!
To start with, we finally have some positive news about our favourite EOS here! EOS is in recovery mode
EOS had the lowest position of the Sunday of $3.08. The coin has gained over 8% in recent 24 hours.
EOS has overtaken the position of Bitcoin Cash from the 4th position in cryptocurrency rating provided by CoinMarketCap. The victory did not last long and currently the EOS coin is back at the 5th place with the market value slightly over $3B at the time of writing. Also, Stellar does not give up and threatening to push EOS to the 6th position.
To sum up all the news, at its current price, EOS is still 85.54% less from its all-time high of $22.98 set on April 29. Therefore, my predictions is that price will be around 3, 44$ during next 24 hours and in this case it will be a sign of stabilizing and more or less strengthening position.
A sustainable movement above $4.30 is needed to improve the longer-term picture.
EOS current positionHello, all interested in EOS currency, here are some of my thoughts concerning the current situation. Please, do not consider it as an advice or call for action, it is just an opinion.
Recently, there are more evidences appeared on various sources that some block producers or otherwise known as miners are in full control of the entire EOS network. It is an opinion that only the few block produces are able to have the ability to censor transactions, to restrict access from the network for some individuals and to secure their position within the network. In case, these statements happen to be true, it will lead to the fact that EOS network will be in control of few and work for their advantages.
Moreover, EOS was experiencing some delays in the launch of the platform as well as the various bugs discovered within the protocol.
Nevertheless, even if the news happen to be not very positive, we can see the "up-trend" during the last days . At the moment, EOS price stays in arrange after recoil from $4.3 support. The past few weeks have not been easy in crypto-conversion, however it is important to notice that EOS provided the first place in terms of chain transactions which is promising the upgrade trend and the rumors does not have much on more or less stable position of EOS.
EOS UPDATE.1Traders,
Here we have EOSUSD 1D chart.
Previously in the last idea about EOS perfectly predicted lower levels.
The equal ratio is too perfect to be established here even it's a wide date range.
Kindly you can check the idea here below:
Having 24 bars, 24 days to reach the crossing DMI, But this is Gann's.
having cross today for the 1st time and breaking the bearish trend with perfect touch of the main bull trend from bottoms.
I can talk about this perfect chart all day, But in summery everything says that we have TP:23$:25$
Note: it's a humble vision and and a good chance for me.
Like will be appreciated.
Regards,
Mohsen
EOS just entered the "harmonizing" Channel DownAs shown last time, EOS is replicating the January - March 4H candle cohesion and the sideways trading sequence since May 26th (neutral RSI = 50.763, STOCHRSI = 49.755, CCI = 30.7903, Highs/Lows = 0.0000), largely confirms this expectation. We expect the price to start entering s controlled decline on 1H (already MACD = -0.019, ROC = -0.0091, B/BP = -0.1710) as it enters the (orange shaded) Channel Down (supports seen on blue lines). Short TP set intact: 0.0815, 7.4356. By June 14 we will start buying.
EOS near a 1D bottomEOSUSD remains on a strong 1D Channel Down (RSI = 38.678) but on a controlled pace (Highs/Lows = -1.1713, B/BP = -4.3550, MACD = -0.337). This slowdown on MACD is an indication of the support levels ahead: 10.1000, 9.3064, 7.4356. Assuming this is a recurring pattern similar to mid-January/ mid-February, I expect a smoother (red) Channel Down to emerge (on a lower gradient) that will work as the platform for the next Channel Up. My short TP spots are: 0.0815, 7.4356. By June 14 we will start buying.